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To: Bill/WA who wrote (118324)8/25/2001 8:30:00 PM
From: Mark Adams  Respond to of 436258
 
Haven't followed them closely enough to comment. On the S&P blurb- I wouldn't class MBIA as a property and casualty insurer.

On the derivative delta, is it possible that they didn't report mark to market changes in the prior period due to recent accounting changes that now require it?

Time slips by me, so I don't recall the time frames for many of the 'rule' changes we've seen of late.